Tag: AI chips

UK is in talks with Tech Giants on AI chips, Telegraph reports
20Aug By adminNo Comments
Technology

UK is in talks with Tech Giants on AI chips, Telegraph reports

[ad_1] UK government officials have held discussions with tech giants Nvidia Corp., Advanced Micro Devices Inc. and Intel Corp. about procuring equipment for national artificial intelligence research, according to the Telegraph.The government has allocated £100 million ($127 million) for AI chips, the Telegraph reported on Sunday. It said efforts may be in “advanced stages” of an order of as much as 5,000 graphics processing units from Nvidia. Prime Minister Rishi Sunak has vowed to make the UK a global science and technology “superpower” by 2030. The premier is targeting a summit later this year that aims to bring together world leaders and top AI executives in an event supported by US President Joe Biden. A $5.4 billion international chip deal with Intel is off after greenlight from C...
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Samsung to Extend Output Cuts While Awaiting AI-Powered Recovery
28Jul By adminNo Comments
Technology

Samsung to Extend Output Cuts While Awaiting AI-Powered Recovery

[ad_1] Samsung Electronics Co. pledged to keep cutting memory chip production while forecasting a rebound in sales in the second half of the year, as AI demand helps global tech spending climb out of a post-Covid funk.Samsung, which on Thursday reported better-than-expected net income, said artificial intelligence will provide a boost to memory demand before the year's end. Korea's largest company plans to double its capacity to make high-bandwidth memory (HBM), a next-generation technique used to help train AI, by 2024. That outlook and commitment toward developing the new technology went down well with investors who sent its shares 2.7% higher in Seoul. The focus now is on a race with SK Hynix Inc. to develop tools vital to AI, allowing the world's two largest memory chipmakers to cap...
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CEO Lisa Su touts new AI superchip, says AMD has ‘incredibly powerful tech’ that will emerge as a ‘winner’
18Jun By adminNo Comments
Technology

CEO Lisa Su touts new AI superchip, says AMD has ‘incredibly powerful tech’ that will emerge as a ‘winner’

[ad_1] Chipmaker AMD, which had seemingly been relgated to a spot very much behind the new darling of the markets, Nvidia, has just hit back hard by doing exactly what was required to make a telling comeback that would actually be noticed - it unveiled its fancy new chip. And if all that is being said about it comes true, it will grab the spotlight from its arch rival and keep it on itself. In effect, AMD has started a battle for super chips in which it expects to come out a 'winner', according to CEO Lisa Su. She added that AI is the "defining mega trend in technology".MI300X Chip and the power of GPUAMD is touting the new MI300X as a wonder chip aimed at Large Language Models. The chip has one of its most-advanced GPUs (graphics processing units) for artificial intelligence level comp...
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Microsoft Is Helping Finance AMD’s Expansion Into AI Chips
5May By adminNo Comments
Technology

Microsoft Is Helping Finance AMD’s Expansion Into AI Chips

[ad_1] Microsoft Corp. is working with Advanced Micro Devices Inc. on the chipmaker's expansion into artificial intelligence processors, according to people with knowledge of the situation, part of a multipronged strategy to secure more of the highly coveted components.The companies are teaming up to offer an alternative to Nvidia Corp., which dominates the market for AI-capable chips called graphics processing units, said the people, who asked not to be identified because the matter is private. The software giant is providing financial support to bolster AMD's efforts, and working with the chipmaker on a homegrown Microsoft processor for AI workloads, code-named Athena. AMD shares jumped more than 6.5% on Thursday, and Microsoft gained about 1%. Representatives from both companies decl...
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